Wharton-Smith Initiates $1 Million Affordable Housing Project
Wharton-Smith’s Commitment to Affordable Housing
Wharton-Smith has made a transformative $1 million contribution to improve affordable housing, collaborating with Habitat for Humanity to create Legacy Point, a community encompassing 19 homes. This initiative represents a significant investment in the well-being of families across the region, focusing on safe and stable housing options.
The Vision Behind Legacy Point
Located in the vibrant area of Historic Sanford, Legacy Point will serve as a powerful model of how private sector engagement can tackle pressing housing challenges. By building this community, Wharton-Smith aims to enhance not only individual lives but also the economic landscape of the region.
Anticipated Economic Impact
The development of Legacy Point is projected to inject over $14 million into the local economy. Such an investment is expected to facilitate job creation and community development, addressing both the immediate need for housing and the long-term vision for sustainable growth.
Statements from Leadership
Tim Smith, CEO of Wharton-Smith, emphasizes the urgency of the affordable housing situation, stating, "This $1 million transformational gift represents not just financial support; it mobilizes our community’s resources and skills to uplift lives for generations to come." His vision encapsulates the essence of community leadership, echoing the belief that corporate involvement can profoundly benefit society.
Planned Milestones for Legacy Point
Key milestones are set for the progress of Legacy Point, ensuring community engagement and celebration:
Wall Raising Ceremony
This ceremony is scheduled for 2026 and will involve community leaders and families participating in this momentous occasion.
Volunteer Build Days
Employees from Wharton-Smith will join forces with Habitat volunteers to actively participate in the building process.
Model Home Tours
Scheduled for summer 2026, these tours will open the doors of Legacy Point to the public, showcasing the new homes.
Home Dedications
These events will celebrate families as they receive the keys to their new homes, marking their significant milestone towards homeownership.
Empowering Families Through Homeownership
Penny Seater, CEO of Habitat for Humanity Seminole–Apopka, shared her enthusiasm about the project, asserting that it will enable 19 families to achieve their dream of homeownership. She believes this initiative showcases the power of industry to invest in communities effectively, especially as they facilitate families transitioning from renting to owning their homes.
About Wharton-Smith
With over 40 years of experience, Wharton-Smith dedicates itself to enhancing community life through construction. The firm has established a foundation of core values that guide its mission, striving to be the construction partner of choice for both employees and clients, as well as the communities they serve.
About Habitat for Humanity
For over 30 years, Habitat for Humanity Seminole–Apopka has worked to create affordable housing options for families in the region. By blending financial support with volunteer involvement, Habitat constructs homes that are sold below market value to low-to-moderate income families. Homebuyers actively participate in building their homes, thereby investing in their future and community.
Frequently Asked Questions
What is Legacy Point?
Legacy Point is an affordable housing community initiated by Wharton-Smith in collaboration with Habitat for Humanity, consisting of 19 homes for qualifying families.
How much has Wharton-Smith contributed to this project?
Wharton-Smith has invested $1 million into the Legacy Point community to promote affordable housing.
What economic impact is anticipated from Legacy Point?
The project is expected to add over $14 million to the regional economy through job creation and local development.
When will the community open?
The official model home tours are planned for the summer of 2026, allowing the public to view the homes.
Who can qualify for a home in Legacy Point?
Homes in Legacy Point are aimed at hardworking families that meet specific financial criteria established by Habitat for Humanity.
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